Microstructural evolution of the coexistence for spinodal decomposition and ordering in Fe-23Al alloy during aging

The microstructural evolution of the coexistence ofspinodal decomposition and ordering ischaracterized by metallographic microscopy andtransmission electron microscopy in aged Fe-23Al(i.e. Fe-23at%Al) alloy. This paper discusses aphase transition mechanism of the microstructureevolution. The obtained results indicate that the asquenchedFe-23Al alloys with equiaxed grain sizeof about 500μm comprise two kinds of the orderedphase in nano-scale, i.e., B2-FeAl and DO3-Fe 3Alphases. The average size of B2-FeAl orderingphases is about 15nm, while the size of DO3-Fe 3Alordering phases is extreme fine in the as- quenchedFe-23Al alloys. The as-quenched Fe-23Al alloypresents characteristics of the coexistence ofspinodal decomposition and ordering during thesubsequent age ing at 565°C and 520°C. Thedomain size of B2-FeAl ordered phase rapidlyincreases while the one of DO3-Fe 3Al orderedphase slowly develops with the increase in agingtime/with increased ageing time. A conclusion isreached that the coarsening process of both B2-FeAl and DO3-Fe 3Al ordered phase is controlledby the spinodal decomposition mechanism

Hedging Long-Term Exposures of a Well-Diversified Portfolio with Short-Term Stock Index Futures Contracts

It is difficult for passive portfolio strategy to manage the long-term exposure of a well-diversified portfolio because stock index futures contracts have a finite life limited by their maturity. In this paper, we investigate the problem of the rollover hedge strategy for the long-term exposure of a well-diversified portfolio. First, we consider the rollover hedge strategy for the well-diversified portfolio when the portfolio is not adjusted during the period. In order to obtain the optimal solution of the proposed model, the auxiliary models are constructed using the equivalent transformation technique. Moreover, dynamic programming is employed to derive the optimal positions of stock index futures contracts for the long-term exposure of the well-diversified portfolio. In addition, we extend the result to the case of the rollover hedge strategy with transaction costs and derive the optimal number of stock index futures contracts

Current Situation, Problems and Countermeasures of Modern Agricultural Construction in Bijie Experimental Area

Firstly, the current situation and existing problems of modern agricultural construction in Bijie experimental area were analyzed, and then the countermeasures of promoting construction and sustainable development of modern agriculture were proposed according to the reality of agricultural development in the Bijie experimental area

Characterization of MgCl₂·6H₂O-Based Eutectic/Expanded Perlite Composite Phase Change Material with Low Thermal Conductivity

The melting points of the phase change materials (PCMs) incorporated into the walls of buildings should be within the human thermal comfort temperature range. In this paper, 15 wt.% of MgCl2·6H2O was mixed with CaCl2·6H2O to obtain the eutectic with a melting point of 23.9 °C. SrCl2·6H2O suppresses the supecooling of the eutectic. The combination with expanded perlite (EP) via the impregnation method overcomes the phase separation and liquid leakage of the CaCl2∙6H2O-MgCl2∙6H2O mixture. The composite PCM is form-stable with the maximum loading mass fraction up to 50 wt.% and latent heat of 73.55 J/g. EP also significantly reduces the thermal conductivity of the CaCl2∙6H2O-MgCl2∙6H2O from 0.732 to 0.144 W/(m·K). The heating-cooling cycling test reveals that the composite PCM is thermally stable. The cheap eutectic salt hydrate, with little supercooling, no phase separation and liquid leakage, low thermal conductivity and good thermal reliability, show great potential as envelope materials to save energy consumption in buildings

Preparation, Mechanical and Thermal Properties of Cement Board with Expanded Perlite Based Composite Phase Change Material for Improving Buildings Thermal Behavior

Here we demonstrate the mechanical properties, thermal conductivity, and thermal energy storage performance of construction elements made of cement and form-stable PCM-Rubitherm® RT 28 HC (RT28)/expanded perlite (EP) composite phase change materials (PCMs). The composite PCMs were prepared by adsorbing RT28 into the pores of EP, in which the mass fraction of RT28 should be limited to be no more than 40 wt %. The adsorbed RT28 is observed to be uniformly confined into the pores of EP. The phase change temperatures of the RT28/EP composite PCMs are very close to that of the pure RT28. The apparent density and compression strength of the composite cubes increase linearly with the mass fraction of RT28. Compared with the thermal conductivity of the boards composed of cement and EP, the thermal conductivities of the composite boards containing RT28 increase by 15%–35% with the mass fraction increasing of RT28. The cubic test rooms that consist of six boards were built to evaluate the thermal energy storage performance, it is found that the maximum temperature different between the outside surface of the top board with the indoor temperature using the composite boards is 13.3 °C higher than that of the boards containing no RT28. The thermal mass increase of the built environment due to the application of composite boards can contribute to improving the indoor thermal comfort and reducing the energy consumption in the buildings

Political connection and credit risk of real estate enterprises: evidence from stock market

Abstract Although extensive research has examined the credit risk of real estate enterprises, the relationship between the political connection of real estate enterprises and these enterprises’ credit risk has not been formally studied. Using the panel data of 123 real estate listed companies in the Chinese stock market from 2008 to 2021, this paper finds a significant positive correlation between the political connection of private real estate listed companies and their credit risk. This phenomenon is attributed to the excessive debt that benefits from political connections since it may raise the credit risk of any real estate firm. Interestingly, considering that 2013 is the first year of China’s Internet finance era, we find that the popularity of Internet finance and other decentralized lending financing channels may enhance the impact of political connections on real estate credit risk. Our findings provide new micro evidence for the influencing factors and mechanism of credit risk of real estate enterprises during the recent “credit crisis” in the real estate market in China

A Novel Assisted Gas–Oil Countercurrent EOR Technique for Attic Oil in Fault-Block Reservoirs

As the mature oil fields have stepped into the high water cut stage, the remaining oil is considered as potential reserves, especially the attic oil in the inclined fault-block reservoirs. A novel assisted gas–oil countercurrent technique utilizing gas oil countercurrent (GOC) and water flooding assistance (WFA) is proposed in this study to enhance the remaining oil recovery in sealed fault-block reservoirs. WFA is applied in our model to accelerate the countercurrent process and inhibit the gas channeling during the production process. Four comparative experiments are conducted to illustrate enhanced oil recovery (EOR) mechanisms and compare the production efficiency of assisted GOC under different assistance conditions. The results show that WFA has different functions at different stages of the development process. In the gas injection process, WFA forces the injected gas to migrate upward and shortens the shut-in time by approximately 50% and the production efficiency improves accordingly. Compared with the basic GOC process, the attic oil swept area is extended 60% at the same shut-in time condition and secondary gas cap forms under the influence of WFA. At the production stage, the WFA and secondary gas cap expansion form the bi-directional flooding. The bi-directional flooding also displaces the bypassed oil and replaced attic oil located below the production well, which cannot be swept by the gas cap expansion. WFA inhibits the gas channeling effectively and increases the sweep factor by 26.14% in the production stage. The oil production increases nearly nine times compared with the basic GOC production process. The proposed technique is significant for the development of attic oil in the mature oil field at the high water cut stage

Development Performance and Pressure Field Evolution of ASP Flooding

ASP (alkali-surfactant-polymer) is acknowledged as an effective technology to improve the oil recovery. The microscopic displacement efficiency and macroscopic sweep efficiency have been discussed in detail for the past few years. However, development performance, especially pressure characteristics, needs to be further studied. This paper aims to explore the pressure evolution performance during ASP flooding, of which the results will shed light on development characteristics of ASP flooding. The study on ASP flooding pressure field development is conducted by laboratory and numerical methodology. A large sandpack laboratory model with vertical heterogeneous layers is used to monitor pressure performance during the ASP flooding. With the help of interpolation methods, a precise and intuitive pressure field is obtained based on pressure data acquired by limited measurement points. Results show that the average formation pressure and its location are changing all the time in the whole process. In addition, the influence of heterogeneity and viscosity on recovery and pressure is also probed in this paper. We built a numerical simulation model to match the experiment data considering the physical and chemical alternation in ASP flooding. Also, response surface methodology (RSM) is adopted to obtain the formula between pressure functions and influencing factors

3D printing technology combined with personalized plates for complex distal intra-articular fractures of the trimalleolar ankle

Abstract This study investigated the effectiveness of 3D printing technology in combination with personalized custom-made steel plates in the treatment of complex distal intra-articular trimalleolar fractures, with the aim of providing a new approach to improve ankle joint function in patients. The 48 patients with complex distal intra-articular trimalleolar fractures included in the study were randomly divided into two groups: the personalized custom-made steel plate group (n = 24) and the conventional steel plate group (n = 24). A comparison was made between the two groups in terms of preoperative preparation time, hospitalization duration, surgical time, fracture reduction and internal fixation time, intraoperative fluoroscopy instances, surgical incision length, fracture healing time, follow-up duration, degree of fracture reduction, ankle joint functional recovery, and the occurrence of complications. The personalized steel plate group exhibited longer preoperative preparation time and hospitalization duration compared to the conventional steel plate group (p  0.05). The personalized steel plate group showed a higher rate of successful fracture reduction (87.5% vs. 79.2%, p > 0.05) and a lower incidence of complications (8.3% vs. 20.8%, p = 0.22), although these differences did not reach statistical significance. Furthermore, the personalized steel plate group exhibited superior ankle joint function scores during follow-up compared to the conventional steel plate group (p < 0.05). By utilizing 3D printing technology in conjunction with personalized custom-made steel plates, personalized treatment plans are provided for patients with complex comminuted tri-malleolar ankle fractures, enabling safer, more efficient, and satisfactory orthopedic surgeries